EARLY YEARS DEVELOPMENT CENTER INC (EIN 232985678) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

LAWRENCE BAXTER

Phone

2157300173

Tax Period

2022-01-01 to 2022-12-31

EARLY YEARS DEVELOPMENT CENTER INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $586K in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $788K exceeded revenue, resulting in a 35% operating deficit.

Mission

Provide full time child care service for ages six months through five years of age, and after school child care service for children up to twelve years old.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $585,532

Investment Income $0

Other Revenue $0

TOTAL REVENUE $585,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $406,259

Fundraising Expenses $0

Program Expenses $764,409

Other Expenses $381,961

TOTAL EXPENSES $788,220

Year-over-Year Comparison

	2022	2021	Change
Revenue	$585,532	$523,948	+0.1%
Expenses	$788,220	$638,001	+0.2%
Net Income	$-202,688	$-114,053	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EVON SUTTON	CEO	020.00	Officer	$0	$0	$0
LAWRENCE BAXTER	COO	030.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$585,532	$788,220	$114,311	$-202,688
2021	$523,948	$638,001	$316,999	$-114,053
2020	$758,564	$753,889	$53,533	$4,675
2019	$609,824	$609,270	$48,858	$554
2018	$641,925	$617,157	$48,304	$24,768

EARLY YEARS DEVELOPMENT CENTER INC